Company registration in Hong Kong

Name of service Bronze Silver Gold Platinum Brilliant
Company name availability check and reservation in Companies Registry of Hong Kong Verifying the availability and reserving of your preferred company name in the registry
Company registration in forms LTD, including government fees Preparation and submission of all required documents and fees to the relevant government authorities for company registration, ensuring a streamlined process for our clients
Certificate of Incorporation for one (1) year Provision of international standard certificate of incorporation for your company
Business Registration Certificate form IRD This certificate is issued by the Inland Revenue Department (IRD) and indicates that the company is registered for business purposes in Hong Kong. It includes the company's business registration number
A set of statutory documents of the company in electronic form Preparation of a comprehensive package of incorporation documents for any form of company ownership in electronic form
Memorandum of Association Preparation of the memorandum of association, which defines the procedure for the creation of the company; the authorized capital of the company; the size and nominal value of the shares of the founders, as well as the order of payment
Company seal Production of the company seal
Registration with the tax and social security authorities Collection, processing and filing the necessary paperwork for registration with tax and social security authorities
Local secretary services for one (1) year Provision of a local secretary for your company. This means we provide you with a local contact person who will ensure communication between you and the authorities, banks or other parties in Hong Kong. The contact person can help you with translations, receiving and forwarding official documents, representing your company and general administrative support. This gives you confidence and convenience in communicating and interacting with government agencies and institutions
Apostilled and Translated company documents Apostille certification and consular legalization of documents, depending on the country of operation
Assistance in opening a corporate bank account in the payment system Collection, processing and filing of the documents required for opening a corporate account with a payment system, including consultation of appropriate jurisdiction
Assistance in opening a corporate account in traditional bank Collection, processing and filing of documents required for opening a corporate account in a traditional bank, including consultation on the choice of appropriate jurisdiction
Local services (director/shareholder) for one (1) year Provision a Hong Kong resident nominee director or shareholder to sign company contracts and maintain confidentiality of the founder's data
Free consultation We offer a free consultation where you can discuss your needs and questions regarding company registration and management. Our experts will be happy to help you understand the process and provide guidance based on your situation. We are happy to answer your questions and help you make an informed decision about the services you need
Total cost
700 USD 1200 USD 2900 USD 3900 USD 6900 USD
Provision of a legal address for 1 (one) year
900 USD 900 USD 900 USD 900 USD 900 USD
Remote company registration with transfer of authority
400 USD 400 USD 400 USD 400 USD 400 USD
Accounting services
180 USD 180 USD 180 USD 180 USD 180 USD

Deal of the month

If you will register a company until June 30,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

Hong Kong can be described as an international financial center, within which significant potential for entrepreneurship in terms of financial resources as well as in terms of a skilled workforce is concentrated. Company registration in Hong Kong offers the prospect for successful entrepreneurship within the region and abroad. Prifinance lawyers register legal entities in Hong Kong, including on behalf of shareholders, residents, and involving nominee directors, open bank accounts, and also have experience in supporting transactions within the region and abroad. Businessmen who are interested in "To buy a company in Hong Kong" should first of all pay attention to the advantages that the region provides to investors.

Region Advantages

If you are going to buy a company in Hong Kong or register a new company in your name, the business solution will make the following advantages obtainable:

  • impeccable reputation and good positions in the OECD rating
  • zero taxation of capital gains, dividends, as well as VAT on operations that are carried out abroad after the company registration;
  • simple registration - to open a company in Hong Kong the physical presence of the owners is not required;
  • the absence of currency control;
  • the possibility of acquiring vessels for cargo transportation and access to routes for the goods transportation with a relatively low cost;
  • the option of registering a company ensures the confidentiality of personal data of the beneficiaries, even if nominee directors are involved;
  • bank accounts can be opened in any jurisdiction after opening a company in Hong Kong.

Prifinance lawyers can evaluate the profitability of registering a business in Hong Kong option in your particular case, as well as calculate the preliminary cost of the option after providing input data. Address the request "registration of a company in Hong Kong cost and conditions" to the lawyers of Prifinance for a detailed calculation and action plan.

Business Forms

If your goal in the short term is “ To buy a company or open a new one in Hong Kong”, you should be aware of such forms of legal entities that foreign entrepreneurs choose:

  • Private Company Limited by Shares – a body corporate where shareholders don’t bear any liability in excess of the value of their contributions, including unpaid. The number of shareholders, in this case, may be between 1 and 50. The constituent documents of a legal entity fix restrictions on the transfer and acquisition of shares by third parties. If you are going to open a company in this form, then consider the cases of such restrictions.
  • Public Company Limited by Shares – a corporate entity that is legally separated from its founders who bear the limited liability for the outcomes of the entity’s operation. The liability of the owners and shareholders does not exceed the unpaid amounts of the value of the shares held. Under any conditions, the owners and shareholders do not risk losing more than the number of funds invested in shares. Registration of a company in this form gives the possibility of having more than 50 shareholders. The cost of implementing this option is significantly higher than in the case of a private limited company.
  • Branch - a variant of running a business by a non-resident company, which allows you to conduct identical activities as in the country of primary incorporation. The registration of a branch office may be refused if the commercial name of a non-resident company is identical to the name of a legal entity that is registered in Hong Kong.

If you are going to buy or open a new legal entity in Hong Kong, Prifinance lawyers will help you choose the right form of running a business based on the formulated business priorities, as well as calculate the cost of implementing the option.

Registration Procedure

Opening a company in Hong Kong involves the following steps:

  1. Determination of business priorities that you intend to implement through a Hong Kong legal entity with the preparation of a business plan.
  2. Selection of a suitable organizational and legal form for the future legal entity (depends on the nature and volume of the proposed operations that are planned to be carried out through the legal entity).
  3. Formulation, verification, and reservation of a commercial name for a local legal entity.
  4. Collection of the required data about the owners, beneficiaries, and managers. For individuals, among other things, you will need to collect passport data, information about the place of residence, resume; for legal entities - information on registration and current status of the legal entity, constituent documents, information on official representatives, and corporate structure.
  5. Search and registration of an official legal address for a legal entity.
  6. Drawing up constituent and registration documents.
  7. Formation of capital for a legal entity with the provision of evidence of the legal origin of funds for such capital.
  8. Submission of a package of documents for registration. Receiving confirmation in case of approval.
  9. Registration for the purposes of hiring employees and pay taxes.
  10. Opening a corporate bank account.
  11. Issuance of a license and registration for the implementation of certain regulated types of business activities.

The above presents an exemplary procedure for the incorporation of a local legal entity. Every business case always has features that need to be considered along with the nuances of local legislation. Prifinance lawyers will be happy to develop concrete solutions and a plan for establishing a business in the region.

Legislation and Regulatory Environment

Buying or opening a company in Hong Kong gives excellent opportunities for rapid business growth. The business climate is adapted to the needs of entrepreneurs, which annually attracts the attention of foreign investors to the jurisdiction. Financial, holding, service, and industrial enterprises can be established here. Transparent legislation, loyalty to non-residents, relatively low cost of buying and opening a legal entity encourage foreigners to open a business in Hong Kong.

Registering a new business also requires obtaining a business registration certificate. It must be renewed annually (approximately 1 month before the previous certificate expires). The facility must also have one Designated Representative responsible for reporting to local regulatory authorities.

A private limited company should have at least one director with no limit on the maximum number of directors. A director may be an individual of any nationality who has reached the age of 18. A secretary is also required for record-keeping and compliance. The functions of a company secretary can be performed by both an individual and a legal entity, which must be a resident of Hong Kong. Information about the directors, shareholders, and secretaries of the company is public.

Opening an account for a local legal entity might prove difficult. Local banks carefully check people who intend to open accounts, especially people from the CIS countries. Prifinance lawyers have developed solutions on this issue: the services of local nominee directors, as well as the possibility of registering an enterprise with the involvement of local nominee shareholders. There is a possibility of using their services both for registering an enterprise and for opening a bank account.

Tax System

While considering an option of buying or opening a company in Hong Kong, these tax highlights also should be taken into account:

  • Corporate income tax rates – (i) 8.25% is applied to the first HKD 2,000,000 and (ii) 16.5% is applied to the remainder of the raised profits.
  • Personal income tax rate – may vary from 2% to 17%
  • Value-added tax – not applicable (N/A)
  • Withholding tax rates – (i) dividends – 0% (ii) interests – 0% (iii) royalties – from 2.475% to 4.95%
  • Capital gains tax – (i) corporate – N/A (ii) personal – N/A

Prifinance lawyers are ready to consult in more detail on the calculation and payment of taxes in your particular case after providing input data. Please provide input data to assess the profitability of the option of the company registering in Hong Kong.

How Prifinance Specialists May Help You

Prifinance offers a full range of legal services to businessmen who want to start or buy a company in Hong Kong, including the search for nominee directors. Lawyers take into account the specifics of the business, calculate the cost of buying legal entities and registering new ones, offering the best option. Lawyers accompany the procedure for opening accounts in banks loyal to the jurisdiction. The choice of organizational and legal forms, the collection of data, the preparation and execution of documents, negotiating with local advisers and government agencies - and this is not a complete list of Prifinance services. Moreover, lawyers carefully monitor possible political changes in the region and will be happy to advise in more detail on all the features of doing local business that may affect your case, as well as offer alternative options for it.

 

Cooperation

Our clients

PRIFINANCE COMPANY
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I NI N
10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
K NK N
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again
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